Common use of DEVELOPMENT FINANCING Clause in Contracts

DEVELOPMENT FINANCING. 19.1 Any of the Working Interest Owners shall have the right to obtain project financing for the development of a Commercial Discovery. THE PRESIDENT may, where possible, upon request of a Working Interest Owner, use his good offices to assist in all things necessary to facilitate project financing by a consortium of banks for any portion of the development Expenditure.

Appears in 6 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement

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DEVELOPMENT FINANCING. 19.1 Any of the Working Interest Owners shall have the right to obtain project financing for the development of a Commercial Discovery. THE PRESIDENT may, where possible, upon request of a Working Interest Owner, use his good offices to assist in all things necessary to facilitate project financing by a consortium of banks for any portion of the development ExpenditureExpend iture.

Appears in 1 contract

Samples: Joint Operating Agreement

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DEVELOPMENT FINANCING. 19.1 Any of the Working Interest Owners Owner(s) shall have the right to obtain project financing for the development of a Commercial Discovery. THE PRESIDENT may, where possible, upon request of a Working Interest Owner, use his good offices to assist in all things necessary to facilitate project financing by a consortium of banks for any portion of the development Expenditure.

Appears in 1 contract

Samples: Joint Operating Agreement

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